Vale sees iron-ore price rising in H2

Brazilian mining company Vale SA remains confident the price of iron-ore, its main product, will rise in the second half of 2012, relieving environmental and economic pressures on the company which have hurt growth and delayed new projects....

India to import 36.8Mt of coking coal in 2012

The Indian steel industry would have to import 36.8-million tons of coking coal in 2012 to meet an estimated steel demand of 58.7-million tons. This import would increase to some 43.3-million tons in 2013 against a steel demand of 65-million tons,...

Indian Ministries squabble over iron-ore reserve status

In a fresh exchange of salvoes within the Indian government over whether or not to export iron-ore, the Mines Ministry has opposed a proposal from the Steel Ministry for classifying iron-ore as a ‘strategic mineral’. In a communication to the...

India moots fiscal incentives for iron-ore value add

The Indian government was considering offering fiscal incentives to the iron-ore mining industry to encourage the more widespread adoption of beneficiation technology and pelletisation, and to promote higher value addition to ore and reduce...

Beacon Hill says first coking coal shipment planned for mid-year

Aim-listed Beacon Hill expects to ship its first coking coal from the Minas Moatize mine, in Mozambique, by the middle of the year, chairperson Justin Lewis reported on Tuesday. The company started mining coking coal at the Upper Chipanga Pit...

Iron-ore exports to China up at Port Hedland

Iron-ore shipments to China through Australia's Port Hedland rose modestly in February compared with January, according to data released by the port authority, suggesting steady demand from the world's largest steel industry after signs of a weak...

Projects pave the way for good fortune

Diversified resources firm Fortune Minerals is advancing two Canadian projects that stand it in good stead to become a reliable North American source of supply of specialty metals and specialty metallurgical coals.

Tenova to give Bateman wider market presence in Chile, Australia

Mining project house Bateman Engineering is expected to be given a wider market presence in both South America and Australia following its acquisition by Tenova of Italy. Tenova CEO Gianluigi (Gigi) Nova reports that Tenova’s $150-million...

Company Announcement: The Market for Smelting Works and Rolling Mills is picking up International Demand for German Tube System Technology

At an international level, the machinery and plant manufacturing sector was amongst those branches of industry affected most by the financial and economic crisis 2009. After overcoming the crisis, partial areas of the sector proved to be driving...

China fails to divert iron-ore buys from Australia, Brazil

China diversified its spot iron ore buying away from India in 2011, largely in favour of South Africa, but failed to reduce its dependence on term purchases from top suppliers Australia and Brazil, customs data showed on Saturday. Chinese...

Centaurus starts drilling at Serra da Lontra

ASX-listed Centaurus Metals has embarked on the next phase of its iron-ore export strategy in Brazil, after starting drilling at its Serra da Lontra project. The miner said on Wednesday that two diamond rigs were now on site, while the reverse...

Company Announcement: Maiden Ore Reserve for Jambreiro

Proven and Probable Ore Reserve of 49Mt grading 28.2% Fe for friable component of Project Resource